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Osino Resources Update on Karibib Gold Project in Namibia

Mining News - Published on Thu, 16 Jan 2020

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Osino Resources Corp announced the receipt of assays for a further 16 holes at its Twin Hills Central discovery, including high grades over significant widths contained in structurally controlled shoots. Significant intersections include 92m @ 1.40g/t (OKD024) and 37m @ 2.58g/t (OKD022). The latest results increase the strike length of gold mineralization by 50% to 1200m (open both east and west and at depth). The Company is anticipating receipt of additional results from 2 holes at THC as well as 14 holes at Twin Hills West, Clouds and Barking Dog. Previous results were reported in news releases dated September 26 and November 14, 2019.

Osino’s VP Exploration David Underwood said “These new drill results at Twin Hills Central expand the gold mineralization to a strike length of 1200m so far and include our best intersection yet of 92m @ 1.40g/t in hole OKD024. This exceptional intersection is situated at the south west end of the THC drill coverage, approximately 1000m from another exceptional new assay result in OKD022, demonstrating the continuity, scale and economic potential of the growing Twin Hills gold system. We are excited about the prospect of extending the various new high-grade shoots and wide zones of gold mineralization further to the east, south and west in the next drill program. Once we have received the assays from the remaining two drill holes the next steps include updating the geological, structural and mineralization models for THC and planning for the next round of drilling.”

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Posted By : Rabi Wangkhem on Thu, 16 Jan 2020
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